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PBS
Nov 8, 2012 9:00pm PST
politics getting into science. >> hockenberry: exxon at one time was one of heartland's most generous donors. >> there were a lot of corporations, including oil companies, that objected to the kyoto accords in 1997. but most of them lobbied against the treaty on economic and fairness grounds. but exxon did something that i think was fairly radical, which was that they chose to go after the science. >> and as for carbon dioxide, it isn't smog or smoke; it's what we breathe out and plants breathe in. >> hockenberry: borrowing tactics used on behalf of the tobacco industry, advocacy groups were enlisted to confuse the issue and shut down new federal regulations. >> they call it pollution, we call it life. >> a lot of these groups were run by economists, litigators, lawyers and public policy specialists-- people who specialized in getting a message out. >> hockenberry: this group may not have been scientists, but they were really good at this sort of thing. >> well, some of them actually came out of campaigning on behalf of the tobacco industry. the explicit goal that was written down as
FOX Business
Nov 29, 2012 5:00pm EST
international. thanks for joining us. is this an exxon specific problem or does this reflect what is going on in the industry? >> no, unfortunately it is systemwide. even the saudies are feeling it. they say we're past peak production. they admit that. this is ongoing problem, when you talk about peak oil, this is what you're talking about. the not one day we will turn off the spigot and have not anything left. these will less enand lessen and us prices will climb as we have to get oil harder to get to. liz: is that worldwide phenomenon that? that doesn't seem to be going on here in the u.s., how much, sure there is lot of natural gas production but also a lot of oil coming from shale right here in the u.s.. >> well, exxon is doing a lot of that, melissa. i think they're betting on that that will really supplement in the past but i think they're optimistic, overly optimistic. if you look at what they're saying in the press announcements they seem very optimistic to me. i think they will run into more environmental roadblocks. we have this all over the place with the xl pipeline. that was a bi
WETA
Nov 12, 2012 6:30pm EST
guess are you talking about companies like exxon mobile, right? >> well, it's great for the oil majors like exxon mobile, chevron, conoco philips because they can find oil at home as opposed to going to dangerous places like nigeria or going deep not atlantic or the pas civic in the very rough north seas. they also don't have to deal with difficult actors, political actors like vladimir putin or morales who might national ice their oil resource. sier for them. >> susie: all right, now you also say oil field equipment company and services would also do well. what kind of companies are you thinking of here? >> well, it's great for companies like baker hughes or schlumberger because if this is indeed a gold rush for energy companies, well they're selling the shovels. companies like halliburton as well will be selling oil rigs and equipment right here in the u.s.a.. >> susie: real bonanza for them. and you say it could also be good for small companies, small oil companies as well as refiners. tell us your thinking? >> well, small oil companies get bought out by big oil companies in places
CNBC
Nov 7, 2012 6:00pm EST
doing, bob? >> good. i have five stocks i want to ask you about. exxon mobile, sirius satellite, biomed realty, bmr. kimko realty and mechancdonalds. >> well, one is related to medical and one is related to us. purists are gingrich to get mad because they're both reads. obviously, we missed mel carmes. i think they tweeted him poorly. exxon, nobody ever got in trouble buying exxon. restaurant, oil and gas, speck, health real estate, shopping center real estate. i'm going to bless it. pab i'm just in a forgiving mood after an all-nighter, stay with cramer. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we
CNBC
Nov 22, 2012 5:00pm EST
, "well, who's the largest oil company in america?" and they'll always say, "well, exxon mobil or chevron or b.p." but i'll say, "no, morgan stanley." [ticking] >> this is shaybah, a desert wilderness where temperatures can reach 135 degrees. beneath these sand dunes lie 18 billion barrels of oil, more than four times the proven reserves of alaska. and it's costing billions and billions to tap into it. with all the talk about kicking our addiction to foreign oil, the kingdom of saudi arabia is doing everything it can to keep the oil age going. let me be blunt: is it your hope to prevent a switch away from oil? somebody said the country is the oil business. i mean, you absolutely need to do this for your own survival. >> and what's wrong with that? [ticking] >> when the u.s. oil companies came here in the '40s and '50s, the americans moved into the area with their families and developed it to suit their tastes and their way of life. they created a replica of american suburbia. today you could be in the outskirts of houston or los angeles. it's almost like it's an enclave within saudi arabi
NBC
Nov 12, 2012 6:00pm EST
struck several times and manage to make it into the taco bell, where employees called 911. at the exxon gas station across the parking lot, mohammed said graham was a regular in the store and right before he was shot, he purchased something in the store and was confronted when he left. >> somewhere in the parking lot they grabbed him and they shot him. that is all we heard. >> he also handed over surveillance camera footage which police hope will give them were clues to what they called a highly unusual incident. >> it is very rare that someone like this would happen here. i have been here 12 years and we have had no incidents. to hear something like this so close by is very uncommon in very unusual, and kind of alarming, too. >> in a news release, police said the motive is unknown and that the investigation is ongoing. again, they are still looking for two male individuals. lowell melser, wbal-tv 11 news. >> a man is in critical condition tonight after being shot in north baltimore. authorities say that down the victim lying unconscious with a gunshot wound to the head. at this hour, n
Current
Nov 9, 2012 3:00pm PST
reason they don't get it is because the exxons and chevrons of the world are addicted to the profits that flow from dirty energy. >> the apartheid movement they knew the separation of people was wrong. >> this requires that moral persuasion. >> i think you are absolutely right. one of the videos is from desmond tootoo and he is an old man now, but it is a very moving video, where he says this is the next great moral issue of our time, and we need to put pressure on in the same way. 350.org works in 191 countries around the world, so we have those images in spades from every corner of the earth, people who have been flooded from their homes, crops have withered, and crops are disappearing under water. >> jennifer: america has to lead, because there needs to be a global consensus, because whatever we do obviously people look at that. it must be a consensus among countries, there is a united nations conference at the end of this month. you have expressed serious disappointment with the lack of movement on the global level. how do you get the nations -- >> so we're -- the un has been almost a
FOX Business
Nov 1, 2012 9:20am EDT
today. so, the trends of yesterday continue in this post sandy period. to nicole, exxon, they reported lower profits that are better than expected, apparently. when exxon reports, you have to ask how much they pay in tax, i've got a number. 24.2 billion dollars in a quarter. so what's the stock doing? >> the stock is to the down side, down nearly 1%. and the issue with dow component exxon is the output, output for exxon has fallingen to a three-year low. despite the fact that you have some earnings that beat the big picture here is the concern about output for exxon and that's why you're seeing the down arrow here. >> and the next time that they beat up on the oil companies because they're not paying their fair share, tell them. 24.2 billion dollars in taxes in one quarter, how about that. >> that's right. >> and 24.2, got the number. thanks very much, nicole, the dow is up in the first couple of minutes, 35 points. and let me get a gas prices, they're still falling. the national average for a gallon of regular now coming in at 3.50, down another penny and a half overnight and down abo
FOX News
Nov 10, 2012 6:00pm EST
, exxon-mobil saying it wants out of a multi-billion-dollar oil project in iraq. in 2003, exxon was one of a number of big oil companies that flocked to iraq after the fall of saddam hussein. the company went there to revitalize the country's oil fields, but found it hard to make money doing it. instead, exxon has been looking north to the autonomous region of kurdistan, a move that some say will more likely be more likely it create more tension between leaders of that disputed territory and the central governing body in iraq. >> arthel: president obama and house speaker jane have a massive task at hand. >> coming together to stop looming tax hikes and spending cuts that could plunge the nation back into recession. what both sides need to do to make this work is the question. >> 2013 should be the year to begin to solve our debt through tax reform and entitlement reform. together we should avert the fiscal cliff in a manner that assures 2013 finally is that year try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone c
NBC
Nov 23, 2012 12:35am PST
five in the morning on route 17." he finds an exxon station. like, "sure, man, i'll pull over." we pull over. i open the car door. >> jimmy: oh, my goodness. >> empty exxon station. i'm projectile vomiting out the car. >> jimmy: so sorry. >> like, the kind of puking where you hurt your back. like -- [ retching ] [ laughter ] it's like throwing fire. [ retching ] >> jimmy: throwing fire. >> just shooting out. [ retching ] it's just filling up like it's flooding the exxon station. the guy's still smoking weed. that was pot -- there's pot smoke billowing out of the car. >> jimmy: yeah. >> of course, sirens are in the back of us. a cop sees a car pulled over. >> jimmy: no. >> so the cop -- again, this is the beauty about being on "howard." cop pulls over. now, picture the scene. there's weed billowing out of the car. i'm throwing up violently. and now the kid sees the cop. he tries to hide the joint in his crotch. never a good idea. [ laughter ] he's, like -- "what are we going to do? what are we going to do? i can't stop throwing up. it's an involuntary response. >> jimmy: you didn't ask t
FOX Business
Nov 8, 2012 12:00am EST
between the two sides. exxon signed a slate of development deals with kyrgyzstan against the wishes of iraq's government. exxon is in talks with foreign oil companies to sell its stake. >>> they are slapping billions of dollars of duties o chinese solar products. chinese companies have been accused of flooding the u.s. market with discounted products. you know we don't want those. >>> next on "money", a crackdown on price gouging. it is an unfortunate effect of the superstorm. new york attorney general eric schneiderman is here exclusively with his plan on cuing it out. at the end of the day it is all about money and lines. ♪ [ale announcer ] do you have the legal protection you need? at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business you'd like to start. or protect your family with a will or living ust. legalzoom makes it easy withtep-by-step help when completing your personalized document -- or you can even access an attorney to guide you ang. with an "a" rating from the better business bureau legalzoom helps you g
CNBC
Nov 7, 2012 11:00pm EST
, cramer. how are you? >> not bad. >> caller: i have five stocks i want to ask you about. exxon mobile, sirius satellite, biomed realty, bmr. kimko realty and mcdonalds, mcd. >> this is tough. i look immediately that these two real estate investment trusts, one is realitied to medical, and one is related to shopping centers. i'm going to let that slide. purists are going to get mad at me but i like the yield. sirius is good speculation. obviously, we're going to miss mel. exon, no one ever got if trouble by exxon. that's the wrap. restaurant, oil and gas, speck, health real estate, shopping center real estate. i'm going to bless it. maybe i'm just in a forgiving mood after an all-nighter. stay with cramer. uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade. check my investment portfolio, research stocks... wait, why are you taking... oh, i see...solitary. just a man and his thoughts. and a smartphone... with an e-trade app
FOX Business
Nov 7, 2012 5:00pm EST
. exxon signed a slate of development deals with kyrgyzstan against the wishes of iraq's government. exxon is in talks with foreign oil companies to sell its stake. >>> they are slapping billions of dollars of duties of chinese solar products. chinese companies have been accused of flooding the u.s. market with discounted products. you know we don't want those. >>> next on "money", a crackdown on price gouging. it is an unfortunate effect of the superstorm. new york attorney general eric schneiderman is here exclusively with his plan on cutting it out. at the end of the day it is all about money and lines. ♪ i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. lolow cost. every dollar counts. ishares. income. dividends.s. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. i
CNBC
Nov 1, 2012 11:00pm EDT
76ers beat the nuggets. >> you have the edge on me. go ahead. >> caller: we have exxon, sprint, united health group, walmart, and bis. >> wow. i like this portfolio so much i'm kind of stunned by it. exxon reported an okay number. it's good to have oil. sprint is a nice spec stock. the stock could be knocked down after the exchange offer that they're doing with soft bank. don't freak out. walmart down today. people are starting to leave the low end retailers. walmart is good. united health group are big winners under obamacare. and disney acquisition of lucasfilms is brilliant. we have health care, oil, retail, that's what i'm doing. that's what i'm looking for. that is perfection. michael in florida, please? >> caller: boo-yah, cramer, from florida state university. >> fsu, go noles. doak campbell, you and me and a couple of beers. >> caller: visa, itc, enterprise product partners, lockheed martin and aig. >> really interesting. that's a very interesting portfolio. i just want to be sure. i'm trying to come up with an average yield in my head of what we have got there. all rig
FOX
Nov 5, 2012 5:00am EST
exxon on route 17 north in ram schism last few days have been as tough on his customers as it has been on him. >> i mean i will be more than happy to have the gas but i have to have the fuel to be able to dispense it. >> reporter: but in the last two days, he has received two pieces of good news. the governor has implemented a gas rationing system that appears to be easing wait times and tensions. >> alternate odd and even will help because it cuts 50% of the traffic. that helps a lot. >> the best way to do it. >> effect is getting crazy. the lines were down the highway and stuff. >> reporter: and governor christie has signed an executive order allowing stations to look outside of their brand supplier to gas for the next 10 days. so exxon mobil shops can buy from sunoco and bice versa. >> as the governor mentioned, as power gets turned back on, gasoline will become more available and the line should get short. there is no shortage ever fuel per se. what has happened is the delivery system was interrupted and we really had to rebuild it from scratch over the last few days. >> repor
FOX Business
Nov 8, 2012 6:00pm EST
debt will be downgraded again? >> well, treasures are no doubt very expensive. exxon and johnson & johnson also very expensive. yes, you can use those credits. but the last two days in the marketplace have been a very good example. in the event of a true light of safety committee will see them perform. now, you do want to be invested in invested great corporate member. gerri: the way this whole thing is structured. i'm wondering if they want to be invested in exxon and not the u.s. government. what do you think? >> for a percentage of investors, that makes sense. but there's not enough to go around. you have to look at the broader market and the fed is driving a lot of this. driving investors into those corporate bonds that don't have much alternatives. the bond market is shrinking. gerri: anthony, thank you for coming on tonight. it is an interesting story to see how the trend grows. >> let's just say that treasuries have a fiscal crisis. the treasury is still not going to the ball. it will probably ramp up things to pay off that process. [laughter] gerri: that is the problem ri
CNBC
Nov 7, 2012 4:00am EST
morning. exxon, the world's biggest oil company, down 1.2%. the status quo means fairly muted reactions as far as individual stocks and sectors that might have been impacted. >>> the race for the white house wasn't the only major contest as control of congress was also up for grabs. democrats held on to the senate, picking up two additional seats in massachusetts. that's elizabeth warren, and in indiana. congress remains divided as republicans maintain their control over house of representatives. and there are also some historic state ballots cast. maine and maryland became the first states to approve same-sex marriage by a popular vote, while washington state and colorado legalized recreational use of marijuana. i'm trying to resist comment on that one, because it will only get me into trouble. >> maybe it will turn into amsterdam. >> this is going to spur the next tea party renaissance, which is an issue we're going to discuss. >> the next renaissance. >> all right. >> we just lost the election. >> i mean the first time around with obama care, that was part of the ump us the as well a
ABC
Nov 12, 2012 6:00am EST
walking back from this exxon in the same privileges the couple of feet away. happened around 1:00 a.m. sunday morning. the drive-through here at the top go bell restaurant is closed on weekends until 4:00 a.m. and the money. police do not know why this happened. they're trying to figure out if it is a random attack or attempted robbery. but the manager is fighting for his life. the neighbor, the residence tell us they are shocked because this is a county that only sees about two or three homicides a year. they are hoping this does not turn into the next one. more details on exactly what happened. we understand the manager was at the exxon buying something. he was walking back when police say he was ambushed. this morning police are looking for two men. they are going through surveillance video at the shopping center which is nestled between two residential maplewood's. and again, very uncommon for this to happen here in the columbia. john gonzalez, abc 7 news. >> as we look at news of around montgomery county, new public schools superintendent dr. joshua starr will get his first day o
PBS
Nov 9, 2012 4:30pm PST
exxon, g.e. and microsoft. that makes investors in index funds and e.t.f.'s with large holdings in apple more vulnerable. the popular powershares q.q.q. trust has about 17% of its assets in apple. that e.t.f. has fallen about 10% since september 19. although apple drags down indexes when it falls, it also lifts them when it rallies. when you look at the year as a whole, apple shares are up 35%. more than three times as much as the s&p 500. erika miller, "n.b.r.," new york. >> tom: the major markets ended a tough week with small gains. the s&p 500 looked as if the selling would continue early, but was able to climb into positive territo withithe first hour of trading. it was a pretty volatile session with a trading range of 18 points. the index finished the day higher by 0.2%. trading volume was moderate-- 780 million shares on the big board. 1.8 billion on the nasdaq. the tech sector rebounded a little from its recent up 6-tenths of a percent. utilities were down 7-tenths of a percent. leading the drop among utility stocks was st. louis based power company ameren. it's the latest e
FOX
Nov 2, 2012 4:00am PDT
friday deals store." in corporate earnings, exxon topped earnings expectations even though profits fell 7% to $9.5 billion. the oil company blames a drop in production and falling prices at the gas pump. at avon, revenue dropped 8% to $2.5 billion. the ceo admits earnings were disappointing and improvements will take time. pringles chipped in crisp sales at kellogg, pushing the cereal maker's revenues up 12% to $3.7 billion. and, pfizer's revenue plunged 16% to $13.9 billion, mostly because it was hurt by generic sales of its blockbuster cholesterol drug lipitor. following a deal with disney, george lucas is making a "star" donation. the "star wars" creator will reportedly donate the bulk of the big disney deal to education. this week disney bought the "star wars" franchise, along with lucas' production company, for 4 billion dollars. still to come, what rate is "right" when it comes to unemployment? that's later in traders unplugged. but first, we'll discuss the state of small business prior to a very important election. analysis with bill moller is next. before the big election next w
PBS
Nov 6, 2012 4:30pm PST
twweeks. among the oil giants, chevron and exxon mobil were each higher by more than 1%. aol is at a new high tonight. the company once known for its internet service now relies on internet advertising. quarterly earnings were a nickel above estimates, while revenue was flat compared to a year ago. revenue from aol u.s. display advertising, its core business was down, but its overseas and internet search ad sales registered gains. shares shot up more than 20% on a big jump in volume. whi its subscptiobusine continued falling, the pace of the drop slowed down. another online company, real estate web site operator zillow, fell hard after its disappointing outlook last night. shares fell more than 18% down to their lowest price since january. express scripts took a hit, thanks to a disappointing forecast for next year. the company is a pharmacy benefits manager, and it blames its downbeat outlook on losing customers and low utilization. shares fell 12.3%. volume exploded more than ten- fold. the stock is at its lowest price since july. todas fall has erased so of the gains this year shareho
ABC
Nov 30, 2012 4:00am PST
at the exxon station says the man showed them a ticket with all six winning numbers, matching the $587.5 million powerball jackpot. >> he couldn't believe it. he was ecstatic. he wanted everybody to check to see make sure he wasn't seeing things. >> reporter: the man bought the ticket in arizona. one of the two winning tickets was sold in arizona. >> i heard him say he won. and gave me the ticket. and said, did i really win? >> reporter: lottery officials in the other winning state, missouri, have verified the winner from there. and plan to shed light on the person or persons who won later today. the winning ticket was sold here at trex mart, the only gas station in the farming community of dearborn. >> that's it. >> reporter: residents are eyeing each other. wondering if their neighbor is now rich. >> it would be neat if it was someone here in town, that we know. >> reporter: this man says his father is the winner. >> i got a phone call this morning. and he was almost stoic sounding. it was us. >> reporter: mark hill announced on facebook that he's the winner. but everyone will k
FOX Business
Nov 1, 2012 7:00pm EDT
delivered eight yen and day out. but when you look those earnings exxon paid 7.$3 billion of federal income tax. 8.65 billion of taxes but the total bill over $24 billion. 2.5 times more than what it kept and profits. the treasury market caution ahead of the unemployment report with the yield rising at 1.7%. the stock market back in business after hurricane sandy. the victory lap that both candidates took yesterday may have been far too early especially new jersey and new york struggling to restore power. working hard to get recovery efforts they would like help but essential services, food shortages, polluted drinking water. the pictures of themselves slapping each other on the back is not appreciated by those who have yet to see any evidence of what they are deprived of. the death toll has risen at 88 homes and businesses remain without power. yorkers have some relief as some sections of the subway system resumed but commuters are still struggling with limited service. automobile travel still a nightmare the major tunnels are still closed the airports are operating at reduc
CNBC
Nov 1, 2012 6:00am EDT
. >>> right now joe you're looking at numbers from exxon? >> exxon is reporting $2.09 a share which is if you assumed delusion it's a decrease of 2% from the year ago number, but that's still above expectations, which were $1.95. exxon goes on to say that equaled 9.57 billion and there were many quarters in the past where exxon where we pointed out they made more than $10 billion so this is 9.570. oil equivalent production decreased 7.5% from the third quarter, but if you exclude the impact of entitlement volumes, opec quota effects it only decreased 2.9%. there's been share repurchases reduced, the shares outstanding by 5 billion, and the dividend per share of 57 cents increased 21% from the year ago period, i don't know if it's happening right now. remember for a while we didn't attempt to compare the revenue number and they don't, i don't -- >> there was a limited number of analysts who give an estimate for revenue so it's not always anywhere close to where the number comes in at. >> where do we see it trading? >> i don't know, but i it look at the other deductible. i can tell you just on
NBC
Nov 8, 2012 3:00am EST
. how are you? >> not bad. >> caller: i have five stocks i want to ask you about. exxon mobile, sirius satellite, biomed realty, bmr. kimko realty and mcdonalds, mcd. >> this is tough. i look immediately that these two real estate investment trusts, one is realitied to medical, and one is related to shopping centers. i'm going to let that slide. purists are going to get mad at me but i like the yield. sirius is good speculation. obviously, we're going to miss mel. exon, no one ever got if trouble by exxon. that's the wrap. restaurant, oil and gas, speck, health real estate, shopping center real estate. i'm going to bless it. maybe i'm just in a forgiving mood after an all-nighter. stay with cramer. hooo....hahaah! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. ♪ anything, yes, i'd do anything ♪ ♪ anything fo
CNBC
Nov 16, 2012 3:00pm EST
opportunity. this is a great trade. premier company, no question about it. premier stock. exxon has been a premier company for a long time. for a long timmpany went nowhere. you have the law of big numbers. people are going to look for a dynamic change that may or may not come. i'm not suggesting one short this. i'm going to keep my old long position. you know, people are going to keep selling apple as a way of getting away from that dividend tax hike. >> what did you buy it for ten years ago? >> i think it was in the low hundreds. >> i can do better. i used to make a market of this stock. it was at $13. it had $12 in cash. you couldn't give it away. at 12, it was an insult. at 35530, i love it. >> love it when they disagree. thank you, guys. mandy. >> thanks, bill. we seem to be rallying just a little bit going into the close here. at this stage, the dow is moving higher by 41 points, up by about 0.3%. we seem to be getting a bit of optimism here that a fiscal cliff deal in some form may be reached. our next guest says, however, buyers beware. the talk out of d.c. is really just that, t
FOX
Nov 1, 2012 6:00am PDT
board, dow jones industrial average up 120 points, a lot of good numbers to talk about, exxon beat them and so did costco. >>> chrysler announced u.s. sales rose 10% and they sold 126,000 cars and suvs, it is the best october in five years and that's despite losing the last five-days to sandy. total u.s. auto sales are expected to learn more. >>> he said he took his fist and punched the shark in the head to make him let go. he told the story from his hospital bed. he said a great white shark grabbed him by his side and pulled him under water. he has a 14-inch bite wound, pulled him under water and he fought back. >> i punched the shark on the side of the head a couple of times until it released me. >> three surfers drove him to the hospital and he has tissue which helps. >> now he wants to put up the rain, the wind and some homeless people who would did he have kate on the -- who would go potation the escalators. -- potty on the escalators and it got so bad head to call in hazmat. >>> the rain is moving to the south bay and it is going to be a little bit trouble driving. we have a backu
FOX Business
Nov 6, 2012 3:00pm EST
stocks popping about 3% today. nicole: names like chevron and exxon up 1%. that is a broad-based rally strong today. david: people say if this is an obama rally, people think it is obama, they may look to financials and say they could benefit because we have easy money because not only would bernanke be supported, but we would have easy money appointments. >nicole: that is one side of it. if it is romney, it is good for the banks as well. either way it seems to be a win-win today. david: apple, hoping it would gain is footing again, but not even in a big rally day. nicole: know, the dollars are selling
PBS
Nov 2, 2012 1:00am PDT
outlook for the rest of the year. america's biggest publicly traded energy company, exxon mobil, saw production fall to its lowest level in three years last quarter. still, earnings per share were songer than anticipated, helped by profits doubling in its refining business. but production fell more than expected. the company explained part of the drop was due to moving drilling rigs from going after low price natural gas to higher margin oil. shares were up a fraction, rising a half a percent. volume was stronger than usual. the stock is up 20% in the past year. the biggest retailer was the biggest drag on the dow with the market trying to gauge sandy's impact on business at walmart. the stock fell 2.1%. 294 wal-mart facilities were closed at one point during hurricane sandy, thanks to mandatory evacuations, safety concerns, and power outages. after the close, the focus was on starbucks. consumers continue buying their coffee and lattes. earnings were 46 cents per share. that's a penny more than estimates. revenues and profit margins were up by double digits each. shares were up 1.6%
PBS
Nov 2, 2012 7:00pm PDT
. earnings per share were well short of estimates. similar to exxon mobil, chevron also saw its production and fuel sales fall, hit by hurricane isaac in august, legal troubles in brazil and a refinery fire in california. shares fell 2.8%, closing at their lowest price since july. two bright spots for chevron were its smaller refineries processing cheaper oil from montana and north dakota. meantime, chesapeake energy fell to a three month low, down 7.9%. the company has been trying to reduce its massive debt load. today the company said it may delay cutting its i.o.u.'s into 2013. the prospect of the delay was met with selling. you may have missed it but the ipad mini went on sale today. apple's newest product didn't have the usual hoopla. still, analyst expect apple to sell one million or more of the devices during its first weekend on the market. apple stock continued its sell- off that began in the days after its iphone five announcement in september. today, shares fell 3.3%. they are down 18 percent from their all-time high in six weeks ago. solar stocks were not shining for
MSNBC
Nov 17, 2012 5:00am PST
out how to stop them, that's what exxon's share price is based on when pea body coal borrows money, that's their collateral. there's no room for doubt where this story goes. >> we have this graphic to illustrate it. so the total amount of fossil fuel reserves, if you guys can put that up, right? that's $27 trillion. and then the amount that we can safely burn is about 5.4 trillion, right? >> exactly. and safely in quotes. >> safely. that little orange slice, that's the budget. right? that's the budget for here until whenever. as long as we can kind of. >> 150 anyway. >> we call civilization keep it going. the blue part is the part that has to be left in the ground. >> exactly right. what that means since the oil industry and the coal industrial are intent on burning the blue part, what it means is, there and what the point we're trying to communicate with this do the math tour is that they're the equivalent now to the safety of the planet that the tobacco industry became to individual health. okay? these are outlaw companies. they're not outlawing against the laws of the nation. th
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